===================Program Starting: Mon Feb  5 22:24:59 2024

------ Estimated Model parameters------
             betapar		   0.974150000000000
              Etapar		   0.031500000000000	   0.021500000000000	   0.011500000000000
               Kappa		   0.854600000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.071196408000000	   0.076004880000000	   0.102657168000000
            gmapping		   1.055700000000000	   1.127000000000000	   1.522200000000000
               meang		   0.067440000000000
              kappaE		   0.268180000000000
             psiparW		   2.414000000000000
             psiparE		   2.414000000000000
               nupar		   0.789700000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.868800000000000
                sigz		   0.430480000000000
                 PiZ	    0	   0.528550383139883	   0.243254878616475	   0.150096936370537	   0.059841117674156	   0.015404735158229	   0.002558366605169	   0.000293582435551	
                 PiZ	    1	   0.303894688853640	   0.259644016531834	   0.234074525453789	   0.136392271745209	   0.051346668293949	   0.012480031930962	   0.002167797190616	
                 PiZ	    2	   0.136082809911632	   0.199368208792126	   0.262585527547809	   0.223554953099040	   0.123010539036299	   0.043727439204056	   0.011670522409039	
                 PiZ	    3	   0.046192656983570	   0.110110544774611	   0.211910094210358	   0.263573408062923	   0.211910094210358	   0.110110544774611	   0.046192656983570	
                 PiZ	    4	   0.011670522409039	   0.043727439204056	   0.123010539036299	   0.223554953099040	   0.262585527547809	   0.199368208792126	   0.136082809911632	
                 PiZ	    5	   0.002167797190616	   0.012480031930962	   0.051346668293949	   0.136392271745209	   0.234074525453789	   0.259644016531834	   0.303894688853640	
                 PiZ	    6	   0.000293582435551	   0.002558366605169	   0.015404735158229	   0.059841117674156	   0.150096936370537	   0.243254878616475	   0.528550383139883	
               Zgrid	   0.130630001575062	   0.420420001050041	   0.710210000525021	   1.000000000000000	   1.289789999474979	   1.579579998949959	   1.869369998424938	

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.018355294230203 
w    0.247455881836817 
mw    0.321048404294467
u    0.053180592474653 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   12.127824595479737
Fraction of E>nonE [6.7]    6.385014628001355
Fraction of E [8.2]   11.113078186294805
Ratio mworthJ/mworthW [8]    4.907038090026798
Wealth Gini [0.8]    0.585381119928098
Bankruptcy rate [0.75]    0.616348288754385
U>E [2.2]    2.874048191317130
(UL:    0.029331272415900, US:    0.023849320058753) Unemploy. rate [6.4]    5.318059247465294
IUR (Ui/W) [2.5] = 2.853852
W>E 1 [1.07]    1.253225626188372
W>E 2 [0.89]    0.780985404808514
W>E 3 [1.07]    0.966446670490175
W>U 1 [1.07]    1.337960513120511
W>U 2 [0.89]    1.019383473352512
W>U 3 [1.07]    0.642597804898295
Zero wealth fraction [7- 13]    3.137086848014476
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007766547785422
Fraction of U>E (rlv to new entrant) [20]    0.196797328540068
Worker exit rate (rlv to workers) [3-6.5]    0.028309285045074
Nshare (US)    0.063324701251262, 	 Nshare(UL):    0.001796306515299, 	 Nshare(WW):    0.004256973806827, 	 Nshare [0.1]:    0.069377981573389
Earning Gini [0.36]    0.465963574382211
Top 1 [30]    0.096328529990644
Fraction U>nonU (rlv to unemployed) [?]   45.330917168387877

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.014217544572610	   0.004601906423911	   0.007490920992005	
   0.009354873919217	   0.005829772262919	   0.007214173220811	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031024770803016	   0.021353908592455	   0.011382258949443	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.032642029723315	   0.071282090969884	   0.077719951163231	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.012305849128129	   0.005523639868660	   0.006423824552146	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.405139475262592	   0.433917262827085	   0.433698890365021	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.034773922158009	   0.022540142474639	   0.035838682515764	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5466908 	 0.4245687 	 0.0287405 
W 	 0.0208446 	 0.9716907 	 0.0074646 
E 	 0.0087501 	 0.0551000 	 0.9361499 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.015323791142341
Top 1 [41.8]    0.096328529990644
Top 5 [?]    0.267270076242368
Top 10 [77.2]    0.392088777088393
Top 20 [?]    0.594334475577150
Top 40 [?]    0.833711154287485
Bot 20 [?]    0.006420994930264
Bot 40 [?]    0.046859560823377
Bot 60 [?]    0.166288845712515
Bot 80 [?]    0.405665524422850
mworthJ   14.697615816087831
mworthW    2.995211275404542
mworthUi    2.040684047972931
mworthUn    3.781483552087328
avgfirm:   17.070093426097007
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.897012828915728
productionJ (annual)    0.428178767084547
Totalcapital    6.704969238267734
Totallabor    1.094093225533913
Corproduction (annual)    1.783254680185725
Corcapital    4.807956409352006
Totalproduction (annual)    2.211433447270271
capitalJ/Totalcapital    0.282926403015956
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002408523936922
Revenue Basis    0.270739803936182
Optimal tax    0.008896083626807
-------MASS--------
WW    0.835688625662214 
U    0.053180592474653 
VE    0.111130781862948 
-------WELFARE--------
Un -142.741301583052604  Ui -151.689078379473870  J -105.043571192999394  WW -139.941938581037761  Wtot-136.425925903069668   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.200248834328333,    0.249999999999952,    9.966676383036980,    0.980192334178260  
THETA: 1,     0.079861528934047,    0.499999999999909,   17.226322606574371,    1.572291982660938  
THETA: 2,     0.084551235255448,    0.249999999999954,   33.598504583716789,    2.070052579183270  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016718983895856 
w    0.252975895404158 
mw    0.325897718492228
u    0.052066352842072 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.083566845738401
Fraction of E>nonE [6.7]    6.199219427494091
Fraction of E [8.2]   10.375120359774698
Ratio mworthJ/mworthW [8]    6.711708729167633
Wealth Gini [0.8]    0.617219850972400
Bankruptcy rate [0.75]    0.693358107267554
U>E [2.2]    2.566782782749464
(UL:    0.028025040890358, US:    0.024041311951714) Unemploy. rate [6.4]    5.206635284207236
IUR (Ui/W) [2.5] = 2.847881
W>E 1 [1.07]    1.123215103940376
W>E 2 [0.89]    0.798791287183832
W>E 3 [1.07]    1.078597839244608
W>U 1 [1.07]    1.338030923441197
W>U 2 [0.89]    1.021544318292860
W>U 3 [1.07]    0.640360060613419
Zero wealth fraction [7- 13]    4.018171257426472
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007058009624421
Fraction of U>E (rlv to new entrant) [20]    0.189349441481669
Worker exit rate (rlv to workers) [3-6.5]    0.027744750279589
Nshare (US)    0.061901407335844, 	 Nshare(UL):    0.001990960882956, 	 Nshare(WW):    0.004216231292824, 	 Nshare [0.1]:    0.068108599511624
Earning Gini [0.36]    0.462091911462473
Top 1 [30]    0.099702352712714
Fraction U>nonU (rlv to unemployed) [?]   46.662771960582454

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011243369890494	   0.004386183475650	   0.007645023481067	
   0.007612767238875	   0.005413933734009	   0.007310366701549	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031121869861772	   0.021364872231229	   0.011380904333269	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031670600969440	   0.066133992021037	   0.074382918261657	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011881259159270	   0.005427592291151	   0.006942697038625	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.428886811123810	   0.448600163288270	   0.441205222975346	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.029094609801916	   0.020354256462978	   0.034963963941207	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5333723 	 0.4409599 	 0.0256678 
W 	 0.0209671 	 0.9722552 	 0.0067777 
E 	 0.0084203 	 0.0535719 	 0.9380078 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019302639243114
Top 1 [41.8]    0.099702352712714
Top 5 [?]    0.296945583216494
Top 10 [77.2]    0.446342163544161
Top 20 [?]    0.634850071438138
Top 40 [?]    0.861852966259669
Bot 20 [?]    0.005559935657306
Bot 40 [?]    0.037303436278769
Bot 60 [?]    0.138147033740331
Bot 80 [?]    0.365149928561862
mworthJ   14.382659054785044
mworthW    2.142920623518885
mworthUi    1.389503106351564
mworthUn    2.867669200072910
avgfirm:   18.216110544111366
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.889943393821175
productionJ (annual)    0.421545740181267
Totalcapital    5.787660777865870
Totallabor    1.097298868102058
Corproduction (annual)    1.667190082291337
Corcapital    3.897717384044695
Totalproduction (annual)    2.088735822472604
capitalJ/Totalcapital    0.326547022425538
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002463445262736
Revenue Basis    0.277590163684087
Optimal tax    0.008874396808741
-------MASS--------
WW    0.844182443559898 
U    0.052066352842072 
VE    0.103751203597747 
-------WELFARE--------
Un -146.295249665107946  Ui -155.284820501663376  J -105.341373880874954  WW -143.143934217371623  Wtot-139.602071662155311   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172059304796871,    0.249999999999928,   10.414952975458791,    0.953988888291379  
THETA: 1,     0.078048541203812,    0.499999999999858,   17.829277638377516,    1.533273540446665  
THETA: 2,     0.086848427186612,    0.249999999999929,   34.366607234438852,    2.007201991632058  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016631795965830 
w    0.253280591959910 
mw    0.326209064342411
u    0.052045395824199 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.034121538492256
Fraction of E>nonE [6.7]    6.199975635895965
Fraction of E [8.2]   10.311446460237983
Ratio mworthJ/mworthW [8]    6.819196108538179
Wealth Gini [0.8]    0.618676252050473
Bankruptcy rate [0.75]    0.705965169189185
U>E [2.2]    2.551705983934758
(UL:    0.027988066130330, US:    0.024057329693869) Unemploy. rate [6.4]    5.204539582419912
IUR (Ui/W) [2.5] = 2.847560
W>E 1 [1.07]    1.119457145880386
W>E 2 [0.89]    0.798566545035518
W>E 3 [1.07]    1.082581214354263
W>U 1 [1.07]    1.340545326190394
W>U 2 [0.89]    1.021245036233309
W>U 3 [1.07]    0.638145838668687
Zero wealth fraction [7- 13]    4.064665464318494
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007015473151621
Fraction of U>E (rlv to new entrant) [20]    0.189302339401341
Worker exit rate (rlv to workers) [3-6.5]    0.027704126729140
Nshare (US)    0.062184911621724, 	 Nshare(UL):    0.002022033109942, 	 Nshare(WW):    0.004258627097875, 	 Nshare [0.1]:    0.068465571829541
Earning Gini [0.36]    0.461746027822276
Top 1 [30]    0.099760697251948
Fraction U>nonU (rlv to unemployed) [?]   46.722864617357125

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011115686147390	   0.004359871331361	   0.007625771445097	
   0.007536137608621	   0.005375915813459	   0.007287890415372	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031125962370085	   0.021365390834522	   0.011380715699842	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031627104299939	   0.065895210651787	   0.074310553623192	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011984295097023	   0.005435422731638	   0.007160312773250	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.429933906794843	   0.449316096834239	   0.441518756397370	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028856547302243	   0.020226010915447	   0.034893610914143	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5327714 	 0.4417116 	 0.0255171 
W 	 0.0209722 	 0.9722959 	 0.0067320 
E 	 0.0085042 	 0.0534955 	 0.9380002 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019363354887205
Top 1 [41.8]    0.099760697251948
Top 5 [?]    0.296090144699132
Top 10 [77.2]    0.444777826673861
Top 20 [?]    0.632876613412129
Top 40 [?]    0.860654830525896
Bot 20 [?]    0.005659638855701
Bot 40 [?]    0.037785048220790
Bot 60 [?]    0.139345169474104
Bot 80 [?]    0.367123386587871
mworthJ   14.374507760959675
mworthW    2.107947554545563
mworthUi    1.365866839452994
mworthUn    2.830594606939717
avgfirm:   18.288262391487880
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885784385006120
productionJ (annual)    0.420288042626965
Totalcapital    5.744772909751637
Totallabor    1.097846115844979
Corproduction (annual)    1.662260310574018
Corcapital    3.858988524745517
Totalproduction (annual)    2.082548353200983
capitalJ/Totalcapital    0.328260910332076
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002467368834553
Revenue Basis    0.278063114102105
Optimal tax    0.008873412939073
-------MASS--------
WW    0.844840139573065 
U    0.052045395824199 
VE    0.103114464602380 
-------WELFARE--------
Un -146.435129510823685  Ui -155.422473265733117  J -105.343426384743594  WW -143.266417290753907  Wtot-139.737136760839263   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170491183864309,    0.249999999999910,   10.447495180023473,    0.952986815208685  
THETA: 1,     0.077725383414875,    0.499999999999822,   17.870578066611362,    1.533154866570931  
THETA: 2,     0.086515907715607,    0.249999999999912,   34.490034642315145,    2.006246066821433  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016612763076311 
w    0.253347254402944 
mw    0.326278155242827
u    0.052037000709598 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.024108470098444
Fraction of E>nonE [6.7]    6.196714961913529
Fraction of E [8.2]   10.302684129140744
Ratio mworthJ/mworthW [8]    6.842391382451235
Wealth Gini [0.8]    0.619000216394557
Bankruptcy rate [0.75]    0.706307847305753
U>E [2.2]    2.548381275751758
(UL:    0.027977535914727, US:    0.024059464794871) Unemploy. rate [6.4]    5.203700070959783
IUR (Ui/W) [2.5] = 2.847489
W>E 1 [1.07]    1.118631600681997
W>E 2 [0.89]    0.798484756776455
W>E 3 [1.07]    1.083488793422100
W>U 1 [1.07]    1.341112021235049
W>U 2 [0.89]    1.012919453426837
W>U 3 [1.07]    0.645929728180677
Zero wealth fraction [7- 13]    4.074680636926302
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007006152564576
Fraction of U>E (rlv to new entrant) [20]    0.189276663664390
Worker exit rate (rlv to workers) [3-6.5]    0.027695732676934
Nshare (US)    0.062248257511739, 	 Nshare(UL):    0.002026396147694, 	 Nshare(WW):    0.004267987045191, 	 Nshare [0.1]:    0.068542640704625
Earning Gini [0.36]    0.461700788476378
Top 1 [30]    0.099808290063635
Fraction U>nonU (rlv to unemployed) [?]   46.736022131050603

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011088524138628	   0.004354186346112	   0.007622611151970	
   0.007519958649283	   0.005367783593259	   0.007283712455940	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031126831639856	   0.021365498051988	   0.011380665211595	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031620344158780	   0.065772078921195	   0.074290509433077	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011996346573917	   0.005443150714693	   0.007164985470608	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.430160693726063	   0.449469708399305	   0.441601482567931	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028806304060678	   0.020198147299871	   0.034875072272667	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5326398 	 0.4418764 	 0.0254838 
W 	 0.0209733 	 0.9723043 	 0.0067225 
E 	 0.0085108 	 0.0534564 	 0.9380329 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019381230551409
Top 1 [41.8]    0.099808290063635
Top 5 [?]    0.295969416552036
Top 10 [77.2]    0.444476463556329
Top 20 [?]    0.632485468830247
Top 40 [?]    0.860411320537819
Bot 20 [?]    0.005680771147424
Bot 40 [?]    0.037885238273583
Bot 60 [?]    0.139588679462181
Bot 80 [?]    0.367514531169752
mworthJ   14.370534064662460
mworthW    2.100220998979793
mworthUi    1.360865994351314
mworthUn    2.822312572482445
avgfirm:   18.301313687873275
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885526540744797
productionJ (annual)    0.420164465726939
Totalcapital    5.736097778945767
Totallabor    1.097910048271752
Corproduction (annual)    1.661127747427253
Corcapital    3.850571238200970
Totalproduction (annual)    2.081292213154192
capitalJ/Totalcapital    0.328712412760045
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002468078276099
Revenue Basis    0.278152496311053
Optimal tax    0.008873112083593
-------MASS--------
WW    0.844936157998586 
U    0.052037000709598 
VE    0.103026841291407 
-------WELFARE--------
Un -146.467017147311509  Ui -155.452523595359366  J -105.346185203403621  WW -143.293130398712179  Wtot-139.764922521562710   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170186931620378,    0.249999999999898,   10.454417615924438,    0.952787388458221  
THETA: 1,     0.077713838801496,    0.499999999999796,   17.874899259034098,    1.532222151050893  
THETA: 2,     0.086492755942428,    0.249999999999898,   34.507477479589262,    2.006027929601427  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016608269747396 
w    0.253362999986974 
mw    0.326295515918351
u    0.052029827556115 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.021738824222068
Fraction of E>nonE [6.7]    6.194064518868180
Fraction of E [8.2]   10.301332862569813
Ratio mworthJ/mworthW [8]    6.847587862722036
Wealth Gini [0.8]    0.619078816186240
Bankruptcy rate [0.75]    0.704548509230428
U>E [2.2]    2.546787446294673
(UL:    0.027970026979265, US:    0.024059800576851) Unemploy. rate [6.4]    5.202982755611504
IUR (Ui/W) [2.5] = 2.847459
W>E 1 [1.07]    1.118191605054080
W>E 2 [0.89]    0.798583768564780
W>E 3 [1.07]    1.083829479928995
W>U 1 [1.07]    1.341221578569463
W>U 2 [0.89]    1.012919773996155
W>U 3 [1.07]    0.645819849314264
Zero wealth fraction [7- 13]    4.077089224683338
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007002504537206
Fraction of U>E (rlv to new entrant) [20]    0.189230740157035
Worker exit rate (rlv to workers) [3-6.5]    0.027692653496010
Nshare (US)    0.062276871490542, 	 Nshare(UL):    0.002026714011305, 	 Nshare(WW):    0.004271127486870, 	 Nshare [0.1]:    0.068574712988716
Earning Gini [0.36]    0.461689337781955
Top 1 [30]    0.099820118360770
Fraction U>nonU (rlv to unemployed) [?]   46.740846367278621

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011078359385900	   0.004352728329798	   0.007621542928222	
   0.007513328412277	   0.005365826474480	   0.007282443177723	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031127154542544	   0.021365525404274	   0.011380657255566	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031601447910744	   0.065763273203675	   0.074279947823329	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011962875286199	   0.005443847924978	   0.007165812526020	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.430284202317875	   0.449508697854626	   0.441622005527917	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028771949346356	   0.020190711987918	   0.034870213543503	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5325915 	 0.4419406 	 0.0254679 
W 	 0.0209735 	 0.9723073 	 0.0067192 
E 	 0.0084974 	 0.0534432 	 0.9380594 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019385485155728
Top 1 [41.8]    0.099820118360770
Top 5 [?]    0.295939796490928
Top 10 [77.2]    0.444399593676442
Top 20 [?]    0.632382842813908
Top 40 [?]    0.860349272300496
Bot 20 [?]    0.005685939187847
Bot 40 [?]    0.037910008179379
Bot 60 [?]    0.139650727699504
Bot 80 [?]    0.367617157186092
mworthJ   14.368477893633415
mworthW    2.098326911853847
mworthUi    1.359629945357866
mworthUn    2.819163869124828
avgfirm:   18.300496442929653
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885195054088953
productionJ (annual)    0.420087250660852
Totalcapital    5.734007650667839
Totallabor    1.097926367957922
Corproduction (annual)    1.660893887475509
Corcapital    3.848812596578886
Totalproduction (annual)    2.080981138136361
capitalJ/Totalcapital    0.328774422522681
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002468247078506
Revenue Basis    0.278173918350621
Optimal tax    0.008873035592771
-------MASS--------
WW    0.844956843817729 
U    0.052029827556115 
VE    0.103013328625698 
-------WELFARE--------
Un -146.480575530061998  Ui -155.460379110032250  J -105.347142294928545  WW -143.299916918918058  Wtot-139.771816676660393   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170163623484709,    0.249999999999885,   10.447650890806139,    0.952886354882563  
THETA: 1,     0.077700986857579,    0.499999999999770,   17.877222692961677,    1.532164462349976  
THETA: 2,     0.086487717303114,    0.249999999999886,   34.511425274225282,    2.005960955269581  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016606928051022 
w    0.253367702152540 
mw    0.326300039796880
u    0.052029349375445 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.020946062433648
Fraction of E>nonE [6.7]    6.194080103093392
Fraction of E [8.2]   10.300261991320319
Ratio mworthJ/mworthW [8]    6.849225822572738
Wealth Gini [0.8]    0.619100394180343
Bankruptcy rate [0.75]    0.704580338313455
U>E [2.2]    2.546536101110747
(UL:    0.027969266200494, US:    0.024060083174951) Unemploy. rate [6.4]    5.202934937544486
IUR (Ui/W) [2.5] = 2.847455
W>E 1 [1.07]    1.118148396810799
W>E 2 [0.89]    0.798576961162242
W>E 3 [1.07]    1.083879516017469
W>U 1 [1.07]    1.341259806027165
W>U 2 [0.89]    1.012915919163614
W>U 3 [1.07]    0.645785488265186
Zero wealth fraction [7- 13]    4.077803998610233
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007001794435570
Fraction of U>E (rlv to new entrant) [20]    0.189229514978117
Worker exit rate (rlv to workers) [3-6.5]    0.027691975678333
Nshare (US)    0.062282366897615, 	 Nshare(UL):    0.002026948576110, 	 Nshare(WW):    0.004271872942466, 	 Nshare [0.1]:    0.068581188416192
Earning Gini [0.36]    0.461683265617272
Top 1 [30]    0.099820023475345
Fraction U>nonU (rlv to unemployed) [?]   46.741798642046639

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011076457422915	   0.004352242946732	   0.007621141250641	
   0.007512188108834	   0.005365173682440	   0.007281955449616	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031127215289971	   0.021365534407663	   0.011380655902688	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031601599953973	   0.065760926675374	   0.074278739853084	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011964014323952	   0.005444105187293	   0.007166134080490	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.430300524612280	   0.449519949217883	   0.441628407908781	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028768315965434	   0.020188577439540	   0.034868604285581	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5325820 	 0.4419526 	 0.0254654 
W 	 0.0209736 	 0.9723080 	 0.0067184 
E 	 0.0084980 	 0.0534428 	 0.9380592 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019385830836586
Top 1 [41.8]    0.099820023475345
Top 5 [?]    0.295923916643996
Top 10 [77.2]    0.444369367069478
Top 20 [?]    0.632347699999881
Top 40 [?]    0.860329094375942
Bot 20 [?]    0.005687523389282
Bot 40 [?]    0.037917718976552
Bot 60 [?]    0.139670905624058
Bot 80 [?]    0.367652300000119
mworthJ   14.368276267217290
mworthW    2.097795669090702
mworthUi    1.359288249272360
mworthUn    2.818550966764478
avgfirm:   18.301456224921406
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885097939393700
productionJ (annual)    0.420061235321419
Totalcapital    5.733316054712653
Totallabor    1.097935599224777
Corproduction (annual)    1.660818581069452
Corcapital    3.848218115318953
Totalproduction (annual)    2.080879816390870
capitalJ/Totalcapital    0.328797143120026
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002468309743102
Revenue Basis    0.278181419887052
Optimal tax    0.008873021584634
-------MASS--------
WW    0.844968030710867 
U    0.052029349375445 
VE    0.103002619913203 
-------WELFARE--------
Un -146.483043825412636  Ui -155.462464462662808  J -105.347382655330790  WW -143.301792447836732  Wtot-139.773952848649827   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170138795200462,    0.249999999999879,   10.448052079815449,    0.952858958546802  
THETA: 1,     0.077694109923192,    0.499999999999758,   17.877855726319751,    1.532141727817013  
THETA: 2,     0.086483464606167,    0.249999999999879,   34.512546440360708,    2.005935624454012  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016606632148113 
w    0.253368739221921 
mw    0.326300993307380
u    0.052029267338715 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.020750016728552
Fraction of E>nonE [6.7]    6.194108867227464
Fraction of E [8.2]   10.299963021148391
Ratio mworthJ/mworthW [8]    6.849563762797478
Wealth Gini [0.8]    0.619104544625592
Bankruptcy rate [0.75]    0.704590361008627
U>E [2.2]    2.546475862386876
(UL:    0.027969101654137, US:    0.024060165684578) Unemploy. rate [6.4]    5.202926733871459
IUR (Ui/W) [2.5] = 2.847454
W>E 1 [1.07]    1.118139047690564
W>E 2 [0.89]    0.798574132912114
W>E 3 [1.07]    1.083891701881069
W>U 1 [1.07]    1.341268774926384
W>U 2 [0.89]    1.012914621119312
W>U 3 [1.07]    0.645777821308303
Zero wealth fraction [7- 13]    4.077957605504762
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007001623606430
Fraction of U>E (rlv to new entrant) [20]    0.189229357165241
Worker exit rate (rlv to workers) [3-6.5]    0.027691809074299
Nshare (US)    0.062283786331425, 	 Nshare(UL):    0.002027004277757, 	 Nshare(WW):    0.004272046393748, 	 Nshare [0.1]:    0.068582837002930
Earning Gini [0.36]    0.461681562471918
Top 1 [30]    0.099818471079798
Fraction U>nonU (rlv to unemployed) [?]   46.742013167381550

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011076002809108	   0.004352114823006	   0.007621048611435	
   0.007511916171258	   0.005365005323229	   0.007281834598362	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031127229842301	   0.021365536978135	   0.011380655664130	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031601763441189	   0.065760688404820	   0.074278760417583	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011964318557326	   0.005444190239970	   0.007166229180777	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.430304247224091	   0.449522519200977	   0.441629877346734	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028767445692127	   0.020188059754535	   0.034868237828712	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5325799 	 0.4419554 	 0.0254648 
W 	 0.0209736 	 0.9723082 	 0.0067182 
E 	 0.0084981 	 0.0534430 	 0.9380589 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019385494075079
Top 1 [41.8]    0.099818471079798
Top 5 [?]    0.295917747195011
Top 10 [77.2]    0.444360471798506
Top 20 [?]    0.632338452986326
Top 40 [?]    0.860323773114377
Bot 20 [?]    0.005687876009943
Bot 40 [?]    0.037919645955718
Bot 60 [?]    0.139676226885623
Bot 80 [?]    0.367661547013674
mworthJ   14.368186271952997
mworthW    2.097679030304374
mworthUi    1.359214682596358
mworthUn    2.818408329038696
avgfirm:   18.301623737868372
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885060477270171
productionJ (annual)    0.420052245768819
Totalcapital    5.733143933514694
Totallabor    1.097938275941243
Corproduction (annual)    1.660802115254623
Corcapital    3.848083456244523
Totalproduction (annual)    2.080854361023442
capitalJ/Totalcapital    0.328800480003742
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002468325238497
Revenue Basis    0.278183236718722
Optimal tax    0.008873019336505
-------MASS--------
WW    0.844971102449299 
U    0.052029267338715 
VE    0.102999630211484 
-------WELFARE--------
Un -146.483625031970348  Ui -155.462920103454223  J -105.347527486512121  WW -143.302201897765087  Wtot-139.774454910454466   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170132384732674,    0.249999999999874,   10.448112374292243,    0.952848119390335  
THETA: 1,     0.077692002482264,    0.499999999999750,   17.877955009290641,    1.532129133206860  
THETA: 2,     0.086482131148943,    0.249999999999875,   34.512694649389694,    2.005920236821093  
-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016606574056594 
w    0.253368942820400 
mw    0.326301232578719
u    0.052029257978542 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   11.020738610634329
Fraction of E>nonE [6.7]    6.194111695801283
Fraction of E [8.2]   10.299963574513079
Ratio mworthJ/mworthW [8]    6.849580346443100
Wealth Gini [0.8]    0.619104709284090
Bankruptcy rate [0.75]    0.704591411857215
U>E [2.2]    2.546475326337277
(UL:    0.027969093055515, US:    0.024060164923027) Unemploy. rate [6.4]    5.202925797854220
IUR (Ui/W) [2.5] = 2.847454
W>E 1 [1.07]    1.118136791732289
W>E 2 [0.89]    0.798574198894177
W>E 3 [1.07]    1.083893891659137
W>U 1 [1.07]    1.341269244576856
W>U 2 [0.89]    1.012914503517478
W>U 3 [1.07]    0.645777469612813
Zero wealth fraction [7- 13]    4.077960154844863
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.007001629372383
Fraction of U>E (rlv to new entrant) [20]    0.189229127455191
Worker exit rate (rlv to workers) [3-6.5]    0.027691817285887
Nshare (US)    0.062283788765058, 	 Nshare(UL):    0.002027009367627, 	 Nshare(WW):    0.004272059292512, 	 Nshare [0.1]:    0.068582857425197
Earning Gini [0.36]    0.461681571864969
Top 1 [30]    0.099818245087482
Fraction U>nonU (rlv to unemployed) [?]   46.742027001022031

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.011075989969965	   0.004352120933444	   0.007621075281856	
   0.007511909295662	   0.005365011680418	   0.007281857336660	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.031127230169302	   0.021365536783206	   0.011380655178715	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.031601766579144	   0.065760663543877	   0.074278769915909	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.011964349433193	   0.005444198730233	   0.007166239513518	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.430304454313996	   0.449522650141477	   0.441629940900787	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.028767427671310	   0.020188054211144	   0.034868255877001	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5325797 	 0.4419555 	 0.0254648 
W 	 0.0209736 	 0.9723082 	 0.0067182 
E 	 0.0084981 	 0.0534430 	 0.9380589 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.019385458524183
Top 1 [41.8]    0.099818245087482
Top 5 [?]    0.295917318659727
Top 10 [77.2]    0.444359986077725
Top 20 [?]    0.632338014421223
Top 40 [?]    0.860323513962791
Bot 20 [?]    0.005687898635881
Bot 40 [?]    0.037919742883481
Bot 60 [?]    0.139676486037209
Bot 80 [?]    0.367661985578777
mworthJ   14.368174632775311
mworthW    2.097672252320760
mworthUi    1.359210781433514
mworthUn    2.818400025205593
avgfirm:   18.301653947453719
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.885063690121186
productionJ (annual)    0.420052806623556
Totalcapital    5.733134280574075
Totallabor    1.097938198605462
Corproduction (annual)    1.660800204459370
Corcapital    3.848070590452889
Totalproduction (annual)    2.080853011082926
capitalJ/Totalcapital    0.328801594009137
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002468326963857
Revenue Basis    0.278183440662800
Optimal tax    0.008873019033686
-------MASS--------
WW    0.844971106275824 
U    0.052029257978542 
VE    0.102999635745131 
-------WELFARE--------
Un -146.483637616637679  Ui -155.462921687055200  J -105.347546850821857  WW -143.302206489972917  Wtot-139.774460928692974   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.170132203994458,    0.249999999999873,   10.448129750130896,    0.952846957417258  
THETA: 1,     0.077692030916219,    0.499999999999749,   17.877977073173010,    1.532126685727694  
THETA: 2,     0.086482277153836,    0.249999999999875,   34.512721238741136,    2.005916891771148  

 GMM ::    5.201846550049213


 ===================Program ended: Mon Feb  5 22:27:22 2024
 in 143.000000 seconds=================
